The Latest Breaking News from Group of Seven

G7 leaders have finalized details surrounding a $50 billion loan to aid Kyiv, backed by profits from Russian sovereign assets frozen after its invasion of Ukraine, according to a statement released Friday.

The White House says Group of Seven allies are moving forward with providing Ukraine with $50 billion in loans for Ukraine backed by frozen Russian assets

The U.S. has imposed sweeping sanctions against hundreds of firms across Russia, Europe, the Middle East and Asia, accusing them of providing products and services that enable Russia’s war effort and aiding its ability to evade sanctions

On June 9, St. Anne’s Anglican Church in Toronto’s Little Portugal neighbourhood was substantially damaged by fire. The church was designated as a National Historic Site in 1997, in part due to its unique collection of murals that included rare examples of religious-themed Group of Seven artwork.

Italian Premier Giorgia Meloni has dismissed a cease-fire offer for Ukraine by Russian President Vladimir Putin as “propaganda” as she wraps up a Group of Seven summit that saw a deal reached for a $50 billion loan to Ukraine

The Group of Seven rich democracies have failed to deliver significant new progress on climate during a summit in Italy, instead reiterating previous commitments, experts and activists said Friday.

Pope Francis also said it was OK to ‘laugh at God’

The Group of Seven leading industrialized nations turned their attention to migration, artificial intelligence, economic security and the Indo-Pacific region on Friday, the second and final day of their summit in Italy. The G7 leaders stressed their determination to meet global challenges “at a crucial moment in history.”

“We will say it again: Yes, again and again and again, we’re going to stand with Ukraine,” Biden said

Leaders of the Group of Seven rich democracies are meeting in a faux medieval town constructed as a luxury resort on the heel of Italy’s boot

U.S. national security adviser Jake Sullivan has pushed back against assertions that Israel isn’t fully committed to the cease-fire proposal with Hamas that President Joe Biden outlined in late May at the White House